Business Commons^™

Have We Resolved The Issues Related To International Capital Structure? Empirical Evidence From The Oecd Countries, Joon-Young Song

Doctoral Dissertations

I report that most cross-sectional deviations in international capital structure are caused by the heterogeneities of firm-, industry, and country-specific determinants rather than the influence of legal-institutional differences such as legal environment. In particular, most variations in international capital structure originate in the heterogeneity of firm-specific characteristics. Although the legal environment representing creditor protection could explain some differences in international capital structure, this evidence is at best only suggestive. However, the legal system, in general, seems to have a rather indirect effect on firm leverage through a conduit of firm characteristics. I do not find clear evidence to support that …

A Taxonomy Of Customer Dissatisfaction-Related Coping Tactics Based On Dissatisfaction-Related Goals, Andrew B. Artis

Doctoral Dissertations

Practitioners who want to strengthen their market position and avoid greater government regulation would benefit from research that helps them to effectively resolve the problems experienced by their customers. Unfortunately, research efforts to explore, understand, and ultimately predict the responses of dissatisfied customers have been sporadic and have failed to lead to a sustained program of research. This problem is due in part because classification and taxonomical issues have not been sufficiently resolved. Without a theoretically-supported method to categorize and differentiate the various ways that customers respond to dissatisfaction, research into this phenomenon will continue to be slow and erratic. …

An Examination Of The Logistics Leverage Process: Implications For Marketing Strategy And Competitive Advantage, Lisa Michelle Bobbitt

Doctoral Dissertations

Based on preliminary research on logistics leverage and the lack of research on linking specific logistics capabilities and competitive advantage, it was the primary purpose of this dissertation to develop and test a theoretical model of the logistics leverage process. The model was developed based on the extant literature in logistics, marketing, and strategic management and the data from in-depth interviews with logistics professionals. The nomological network consisted of eight constructs: resource commitment, process capabilities, value-added service capabilities, relational capabilities, logistics performance, competitive advantage, firm performance, and marketing signals of value. Resource commitment and logistics performance were tested as second-order …

Pb1750-Considerations For Membership Investment In A Processing Cooperative, The University Of Tennessee Agricultural Extension Service

Marketing, Finances and Value-Added Agriculture

The “Tennessee Processing Cooperative Law”1 provides new opportunities for Tennessee farmers. These include new market opportunities for farm commodities and the opportunity for investment in a value-added processing business. The new law is intended to encourage business formations that will add value to farm commodities and agricultural resources in Tennessee.

A thorough introduction and overview of Tennessee’s processing cooperative law is available in UT Extension PB1748, “Commentary and Overview for the Tennessee Processing Cooperative Law.” Basically, the new law provides for the establishment of a new business structure specifically for businesses that will add value by processing or marketing agricultural …

Pb1748-Commentary And Overview For The Tennessee Processing Cooperative Law, The University Of Tennessee Agricultural Extension Service

Marketing, Finances and Value-Added Agriculture

It has not been that long ago when the options for organizing a business were fairly straightforward. The list began with sole proprietorships and partnerships and then included cooperatives and corporations. This simplified list has become a bit more complex in recent years, and now includes limited liability companies and multiple subclassifications of corporations, partnerships and cooperatives. To complicate matters even more, the precise descriptions of any of these business organizations are often state-specific. That is, the definition and organizational details of a limited liability company or a cooperative in one state are not necessarily the same as in other …

The Benefits And Costs Of Concentrated Ownership Of Firms In East Asia And Western European Economies: A Simultaneous Equations Approach, Rongrong Zhang

Doctoral Dissertations

This study uses a simultaneous equations model to examine the impact of ownership structure on corporate policies and performance for listed firms in East Asia and Western Europe. The policy areas examined include dividend, diversification, leverage, and earnings management. Both accounting performance and market valuation are used as performance measures. The empirical analysis reveals that the policy choices are interrelated and have joint impact on firm performance. There exist some regional differences with respect to how ownership structure affects the largest shareholder’s policy decisions. These differences are related to the difference in capital market developments and possibly reflect the nonlinear …

Three Essays In Market Microstructure, Kenneth Wayne Small, Jr.

Doctoral Dissertations

This dissertation consists of three essays. The first essay examines the liquidity impact of NASDAQ security cross-listings on the American Stock Exchange (Amex). Using a comprehensive sample of cross-listing equities, transactions data obtained from the NYSE Trade and Quote (TAQ) database, and market data obtained from the Center for Research in Securities Pricing (CRSP) database, I find positive abnormal returns on days when positive news is released regarding security cross-listings. This indicates that cross-listing creates value for cross-listing firms. I also document significant decreases in trading costs of the cross-listed securities around the cross-listing date. In general, market participants perceive …

Differences In Scores On Measures Of Work Satsifaction, Parenting Satisfaction, Family/Work Roles Conflict And Marital Conflict Between Dual-Earner Husbands And Wives, Michelle Ann Parrott

Masters Theses

Dual-earned husband and wives, the most common family style in the United States, attempt to maintain healthy relationships as they juggle work and family roles. This study examined dual-career husbands and wives on the measures of work satisfaction, parenting satisfaction, family/work roles conflict and marital conflict to determine if differences existed between the husbands and wives. The findings indicated that dual-earner husbands and wives in this sample reported remarkably similar scores on the measures of work satisfaction, parenting satisfaction, family/work roles conflict, and marital conflict. These husbands and wives were very satisfied with their jobs and their parenting skills and …

Pb1688-Starting Your Own Wine Business, The University Of Tennessee Agricultural Extension Service

Marketing, Finances and Value-Added Agriculture

You have been making wine in your base ment for several years and routinely receive accolades on how good your homemade wine tastes. Now you are trying to decide if you should start your own vineyard and build a commercial winery. What are the factors that you should consider in starting a winery and a vineyard?

There are many aspects to consider in starting a winery. One of the fi rst considerations should be where to get grapes and what kind of wine to make. You also need to familiarize yourself with the various regulations and governing bodies that regulate …

The Occupational Work Ethic Of University Path And Career Path Secondary School Students, Brian Patrick Thompson

Masters Theses

The purpose of this study was to determine, using the Occupational Work Ethic Inventory (OWEI), if there were any significant differences in the work ethic of secondary high school students enrolled in vocational program of study, university program of study, and level of grade attended.

The population of this study consisted of high school students in a rural secondary school in East Tennessee. English Teachers, licensed in the state of Tennessee administered the OWEI survey during a one-class period. The researcher collected surveys as they are completed.

Based on an ex post factor design this study will use an alpha …

Spirituality And Job Satisfaction Of Social Workers At A Social Service Agency, Jennifer Johnson Stamper

Masters Theses

The primary purpose of this descriptive study was to study the effect of spirituality on job satisfaction in one child welfare agency in Knoxville, Tennessee. Social workers from Child and Family Tennessee (CFT) were the target population and all professional social workers were surveyed. A secondary purpose was to determine possible relationships between job satisfaction, spirituality, and the demographic variables of age, gender, time employed by the agency, marital status, and ethnicity.

The researcher surveyed 211 social workers employed by CFT. Social workers who were contacted at staff meetings were told about the study and received a packet that contained …

Using Topside Journal Entries To Conceal Fraud, Jordan Ray Marshall

Chancellor’s Honors Program Projects

No abstract provided.